Purpose : For business development / expansion of business.
Eligible customers can get a high loan amount up to Rs. 20 lakhs at affordable interest rates.
Our Customer :
- Occupation : Self Employed (Skilled Professionals / Non professionals ) | Small business owners | Dairy Farms / any Agri allied business activity | Transport Operators | Small scale Hotel business , etc. Salary : 300000 upwards per annum
WHAT and HOW WE ASSESS ??
||TYPE OF EMPLOYMENT / EMPLOYER ||
|| STABILITY OF INCOME ||
|Branch and Credit team - verification of - business process, supplier details, P and L , cash flows and Finances.|
||| NET INCOME ||||Bank statement verification | Verification of monthly commitments and Lifestyle. Non traditional modes of Income verification and financials obligations.|
Interest rates : 16.5% onwards ( Fixed interest rate )
“For the safety of our customers, we encourage to insure their property mortgaged and life to overcome any unfortunate event during the re-payment term of the loan. We work with prominent insurance companies to provide need based Life & Non-life insurance solutions.